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Jan 29, 2013
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and by the way, in terms of taxes, most immigrants pay -- most undocumented immigrants pay taxes and sales taxes of course. >> luke, i'm still thinking about these republican house members that represent district that is are not changing demographically like the rest of the country is and the average income does not have to respond. you know? and i'm wondering, you can make the case from the standpoint of boehner or mccarthy or cantor, yes, this is something the party needs to do to move forward and maybe a long term future but for the short term political survival, the primary in arkansas or mississippi or south carolina, when's the message that a cantor or mccarthy gives to the incumbent in one of the districts that, hey, safe to vote for something that your opponent will call amnesty? >> if there's a bipartisan bill out of the senate that boehner would put it on the floor, perhaps violate the hastert rule and go forward with what i like to call the tom cole caucus and the last pseudomoderates republicans left, about 60 of them left. pair them with democrats, there's a way forward.
and by the way, in terms of taxes, most immigrants pay -- most undocumented immigrants pay taxes and sales taxes of course. >> luke, i'm still thinking about these republican house members that represent district that is are not changing demographically like the rest of the country is and the average income does not have to respond. you know? and i'm wondering, you can make the case from the standpoint of boehner or mccarthy or cantor, yes, this is something the party needs to do to move...
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Jan 29, 2013
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, that do have a higher sales tax. so, you know, i get -- >> if you have a lot of tourism. >> i get the partisan line and i think louisiana has a bit of tourism. so the fact of the matter is, you know, bobby jindal represents i think as susana martinez does and others this next generation of republican leaders out there who are doing it. >> jindals -- >> they're creating the laboratory in the states which is why i go back to my point which this is not about national messaging. this is finding and accepting republicans where they are. >> you buy this as an intellectual who writes for the national review. you buy the fact that the republican party can become a coalition party, not a homogeneous right wing party? >> i think -- >> can you answer that question yes or no? >> yes. i think the republican party can succeed but if you listen to bobby jindal's speech he's asking a big question. too often he says the party is becoming fiscal conservative party. he's saying republicans aren't going to back away on their position on
, that do have a higher sales tax. so, you know, i get -- >> if you have a lot of tourism. >> i get the partisan line and i think louisiana has a bit of tourism. so the fact of the matter is, you know, bobby jindal represents i think as susana martinez does and others this next generation of republican leaders out there who are doing it. >> jindals -- >> they're creating the laboratory in the states which is why i go back to my point which this is not about national...
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Jan 25, 2013
01/13
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. >> bret: the people in charm of taking your tax dollars and sending them overseas may not have been playing by the rules. tonight, catherine herridge with startling allegation of corruption and coverup at the top federal agency. >> at the heart of the investigation, according to documents obtained by fox news, allegations of contract at the senior level of u.s. a.i.d. the government agency that distributes foreign aid. the larger issue is whether the allegation surrounding the $150,000 contract speak to a largeer culture of corruption. >> we have to root out waste, fraud and abuse. you have to have integrity in the process. this doesn't look right or smell right. they fixed a constructer the candid tate that best med the requirement was the outgoing financial officer. in a statement to fox, he said the client did not violate a law. adding that justice department reviewed the matter and declineed to initiate a criminal investigation. justice department spokesperson said they cannot confirm or deny existence of any investigation. >> others said how they have the example for clean gove
. >> bret: the people in charm of taking your tax dollars and sending them overseas may not have been playing by the rules. tonight, catherine herridge with startling allegation of corruption and coverup at the top federal agency. >> at the heart of the investigation, according to documents obtained by fox news, allegations of contract at the senior level of u.s. a.i.d. the government agency that distributes foreign aid. the larger issue is whether the allegation surrounding the...
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Jan 30, 2013
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taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> back to "hardball." first up, texas senator ted cruz is pushing the idea that if president obama supports something, it means a weaker america. he's talking about the nominations of john kerry and chuck hagel. here is cruz speaking at an event put on by the conservative national review institute over the weekend. >> okay. we've got two pending nominations, john kerry, chuck hagel. both of whom are very prominently anti-us, less than ardent fans of the u.s. military. my view of the military and foreign policy is exactly that of reagan's, that it should be driven by the national security interests of the united states, that we should go in with clear, defined objectives, overwhelming force, and then when we're done, get the heck out. >> does anyone believe paul ryan -- ronald reagan would have taken us into a hawkish war like iraq? by the way,
taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> back to "hardball." first up, texas senator ted cruz is pushing the idea that if president obama supports something, it means a weaker america. he's talking about the nominations of john kerry and chuck hagel. here is cruz speaking at an event put on by the conservative national review institute over the weekend. >>...
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Jan 30, 2013
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the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a country's success is how low the top tax rate is. would you rather live in russia or sweden? i would take sweden. we can argue. if you like to have lower tax rates at the top, tell me which social programs you want to cut. there is no evidence in our history that tax rates at the level we have are a big problem for the economy. host: comment on twitter with a question. guest: right now they are small. it's not clear there are any negatives. barring more is a good thing -- borrowing more is a good thing. that will hurt future growth, keep people unemployed for a long time. they will never get started on
the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a...
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Jan 30, 2013
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tsuda talking about doing a budget, but they're talking about raising taxes. we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following the president so-called recess appointments, the courts have now ruled disappointment were illegally made, unconstitutional. so we have now is the nlrb operating under a cloud of uncertainty. i'm introducing legislation this week focused specifically on that and making sure there are no more nlrb rules or regulations coming out until the court fully in the supreme court resolve the issue. it is more and more of a problem if they continue to come up with rules and regulations causing additional uncertainty and as a result, i say it is time for the president to stop trying to s
tsuda talking about doing a budget, but they're talking about raising taxes. we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following...
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Jan 29, 2013
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let's convert it to a sales tax. >> why a sales tax and not sort of a user fee, come up with other user fees, more tolls? >> first of all, we already use the sales tax for transfortation. a half a cent right now. >> you want to raise it. >> on a revenue neutral basis to replace the gas tax revenue essentially dollar for dollar. sales growth gross was economic activity whereas the gas task declines. we saw a poll of all the ideas out there, people favor that one two to one. no other state's done it. but every state has the same problem. you have to build infrastructure. >> the say the of oregon was doing a pilot program that was going to track miles. did you look at something like that. >> we did. there's privacy issues with some of those things. you could do it. look at the inspection once a year and give them a bill. you get sticker shock once a year. this seems to be the better way to go. pay for it as you use the services. >> we haven't talk board of directors miami yet. >> the leader in acc basketball. >> i'm going to ask you quickly about politics in virginia. >> yes. >> at what po
let's convert it to a sales tax. >> why a sales tax and not sort of a user fee, come up with other user fees, more tolls? >> first of all, we already use the sales tax for transfortation. a half a cent right now. >> you want to raise it. >> on a revenue neutral basis to replace the gas tax revenue essentially dollar for dollar. sales growth gross was economic activity whereas the gas task declines. we saw a poll of all the ideas out there, people favor that one two to...
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Jan 29, 2013
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i don't know that back tax -- back taxes included in this? >> they'll have to pay back taxes. >> bill: for how many years? >> that's one of the details that has to be worked out. not only do they have to pay back taxes they have to prove they've been employed and with undocumented immigrants where there's little documentation available, it is unclear if that's a burden they'll be able to meet. >> bill: yeah. donna, you raise a very good point. i think that could really be a problem. certainly, a lot of these people particularly those at the lower end who are doing landscaping, washing dishes in restaurants, busing tables or whatever or child care, they don't have that kind of job documentation. plus they have been paying taxes. they've been paying sales taxes. >> that's right. presumably those jobs, if their income doesn't meet the threshold of the bottom income bracket, they'll be exempt. >> bill: talk about unfair exception here. so how about if you go back and make some american citizens pay the back taxes that they didn't pay, particularl
i don't know that back tax -- back taxes included in this? >> they'll have to pay back taxes. >> bill: for how many years? >> that's one of the details that has to be worked out. not only do they have to pay back taxes they have to prove they've been employed and with undocumented immigrants where there's little documentation available, it is unclear if that's a burden they'll be able to meet. >> bill: yeah. donna, you raise a very good point. i think that could really...
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Jan 24, 2013
01/13
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and jobs and taxes. so, i thought it was fair when i set up my juice bar that i charge them just a little b bit-- (inaudible) >> and in terms of they just voluntarily pay more, right? that's what i love about the story, people come up and say, well, i'm a liberal and i'll pay an extra dollar. >> that's right. they just come in and it says it right on the menu board there that what the price is and we just, we just direct them to the menu board and we just asked them what's your price? and then they just volunteer, either conservative or liberal and pay the extra little bit more and they seem happy to do it. we've only-- we're in a pretty conservative town out here in the oil fields and we've only had a few of them in. we collected $3 and we give the money to the heritage foundation and we don't pocket it we have our tips and the money, good conservative cause and it's seems to have worked out pretty good so far. and people-- although people are pretty excited about it on the internet. >> greta: all right
and jobs and taxes. so, i thought it was fair when i set up my juice bar that i charge them just a little b bit-- (inaudible) >> and in terms of they just voluntarily pay more, right? that's what i love about the story, people come up and say, well, i'm a liberal and i'll pay an extra dollar. >> that's right. they just come in and it says it right on the menu board there that what the price is and we just, we just direct them to the menu board and we just asked them what's your...
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Jan 25, 2013
01/13
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the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the government. host: president in his inaugural address earlier this week addressed the issue. the first time the word gay was used in an inaugural address. here's a portion of his speech. [video clip] >> we the people declare today that the most evident of truths that all of us are created equal is the star that guides us still just as it guided our forebears through seneca falls and selma and stone wall, just as it guided all those men and women who left footprints along this great mall to hear a preacher say that
the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the...
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Jan 29, 2013
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tax season. are you ready to file? we want to make sure you don't miss out on any deductions or credits you are eligible for. personal finance expert vera gibbons is here with five of the most valuable money saving credits and deductions people don't miss. first one is earned income tax. >> it was extended as part of the fiscal cliff year for another five years. one out of 5 taxpayer miss this break. how much it is worth will depend on your marital status income and how many kids you have. average tax payer who claims it it is worth a couple thousand dollars. it could be 6,000 if you have 3 or more qualifying children. the irs on the site has earned income tax credit assistance. >> so if you are unemployed you can deduct job hunting costs. >> sometimes. if you look for a job in the same line of work in 2012 and if you itemize your return you can lump all of the costs together transportation costs to and from the interview resume cost career counseling but they have to exceed 2 percent of yaur adjust -- your adjusted gr
tax season. are you ready to file? we want to make sure you don't miss out on any deductions or credits you are eligible for. personal finance expert vera gibbons is here with five of the most valuable money saving credits and deductions people don't miss. first one is earned income tax. >> it was extended as part of the fiscal cliff year for another five years. one out of 5 taxpayer miss this break. how much it is worth will depend on your marital status income and how many kids you...
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Jan 30, 2013
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a gasoline tax is one of those options. >> a consumption tax. >> a carbon tax. howard dean is always candid. he said everybody needs to pay more tax. >> let's hear what you think about this. gasoline tax is a no-brainer. has not gone up in 20 years. i am going to put this question up for you to ask, what do you think of a gasoline tax, and remember this could happen over time, no increase in gas? 25 cents per gallon? 50 cents per gallon, seven 5 cents per gallon? a dollar a gallon? the money mostly would go directly to repair america's critical infrastructure. while they are boating, senator bennett. >> you don't have my number. >> what is your number? 15 cents. >> let's go back just for a moment. i agree, it is really important that we deal with facts and that we deal with common facts. let me tell you about europe, as a business person. there are certain countries in europe, many of which are not in crisis, that are absolutely the last place you would ever put a new job. the reason they are the last place you would put a new job is because the rules are around
a gasoline tax is one of those options. >> a consumption tax. >> a carbon tax. howard dean is always candid. he said everybody needs to pay more tax. >> let's hear what you think about this. gasoline tax is a no-brainer. has not gone up in 20 years. i am going to put this question up for you to ask, what do you think of a gasoline tax, and remember this could happen over time, no increase in gas? 25 cents per gallon? 50 cents per gallon, seven 5 cents per gallon? a dollar a...
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Jan 31, 2013
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because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good signs and signs of some kind of sanity seeping in. >> and dana, maybe it's all in a name. because i think what continues on for sure is this conservative domination particularly in republican primaries. i mean, here you've got mitch mcconnell being threatened now in kentucky and next year's election from the right. >> right. and the tea party's never really been an organized political force. and i'us shorthand for the r ting the pay right now. and as i point out in the column, that force really isn't going anywhere because of the redistricting, because
because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good...
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Jan 29, 2013
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we can't tax ourselves so no. i'm not a believer but i want to make sure we're still doing the right thing going forward. i just don't like scaring kids telling them we're cooking our self autos. >> bill: so you're not buying into the fact the human population has depleted the ease yon. but you said something interesting. you said your father drives a prius to the challenger which is a private jet. >> bill: his take that he owns a lot of trees so his carbon foot print is minimal. >> bill: sounds like a ratio rationation to me. >> whit comes down to it we need to have clean air, clean water but can't restrict our business because that is the only way we're going to get out of this did he have at this time mess. >> bill: is your father helping you finance your campaign? >> well, he's written me a $2500 checks like other people have and i think that is probably all i'm going get. >> bill: good luck and we appreciate you coming on the show. >> when we come back, carl rove and the 60 minutes interview. rove is next. >>
we can't tax ourselves so no. i'm not a believer but i want to make sure we're still doing the right thing going forward. i just don't like scaring kids telling them we're cooking our self autos. >> bill: so you're not buying into the fact the human population has depleted the ease yon. but you said something interesting. you said your father drives a prius to the challenger which is a private jet. >> bill: his take that he owns a lot of trees so his carbon foot print is minimal....
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Jan 30, 2013
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time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. are. >> i've got a mandate to help middle class families, and families that are working hard to try to get in the middle class. >> fight for middle class families, middle class families. charles: sorry mr. president, it looks like the middle class is gets blasted, consumer confidence plummeted to one year low, retail sales they fell for fourth state week. washington watcher tina korber said, blame the payroll tax hike that kicked in. i saw that number i was shocked. lowest since november 2007, you say this is payroll tax? >> no s
time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. are....
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Jan 30, 2013
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going to take some of the pathetic questions that ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ >>. >> sean: biggest football game of the year has not been played yet but the commercials are creating controversy. this year it's accusations of sexism and racism that are already being leveled at two ads set to air during the game. so, the question al
going to take some of the pathetic questions that ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose...
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Jan 30, 2013
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we wish you officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
we wish you officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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Jan 30, 2013
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long l
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any...
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Jan 30, 2013
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. >> this government has just introduced two new tax base which will cause people who own the oh, no, between 25 and 35,000 pounds per family. why is he choosing to put a block on the aspirations of young people who want to build their own home? >> we are encouraging people to build a own home and buy their own homes, not least by the reform of the planning system that has seen the planning guidance come from 1000 pages to 50 pages. that's why we are also encouraging the right to buy. and if honorable members opposite want to help, they might want to talk to the labour of 40s that are continually knocking people from buying the council or having association homes. >> thank you, mr. speaker. will my right honorable friend wish to congratulate the company in my constituency, but taking advantage of the capital of laos is announced and the autumn statement of purchase to 1.3 million pounds, that will create six new jobs under -- i certain to my honorable friend in welcoming that investment it is experience in campaign history logic did have an effect in bringing forward these proposals o
. >> this government has just introduced two new tax base which will cause people who own the oh, no, between 25 and 35,000 pounds per family. why is he choosing to put a block on the aspirations of young people who want to build their own home? >> we are encouraging people to build a own home and buy their own homes, not least by the reform of the planning system that has seen the planning guidance come from 1000 pages to 50 pages. that's why we are also encouraging the right to...
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Jan 27, 2013
01/13
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we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great legs, is it time to get out of bonds? >> yes, some investors, larry, have to be in bonds, they're benchmarked, certain liquidity and credit restraints. they have to be in treasuries. as an individual investor, you'd want to stay away from bonds. and if you were a speculative investor, you'd want a short bonds. there's no value in the treasury market. with nominal gdp even at 4% let alone the possibility we could accelerate to five. they don't belong at 2%, really somewhere over 4%. they won't get to 4% until the fed actually
by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great...
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Jan 29, 2013
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pay their taxes which is a critical part of this whole comprehensive approach. give them a chance to earn their way into citizenship learning english and the basics about america's history. and making sure that the amount of illegal immigrants -- amount of legal immigration that is allowed in the united states is based on the state of our economy. we are going to enshrine in here the principle when it comes to job openings americans get the first grab at it and the first opportunity and that's the way it should be. we're going to make certain beyond that there are opportunities for others and there are a variety of different ways we approach it. let me close by addressing one issue that is near and deer. it's been 12 years, 12 years since i introduced the dream act. i never gave up because when you meet these young people you can't give up. but there were some disappointing times and sad times. the last time around i met with these young people and i told them i'm never giving up on you, don't give up on us. that's what this is about. the dream act is going to b
pay their taxes which is a critical part of this whole comprehensive approach. give them a chance to earn their way into citizenship learning english and the basics about america's history. and making sure that the amount of illegal immigrants -- amount of legal immigration that is allowed in the united states is based on the state of our economy. we are going to enshrine in here the principle when it comes to job openings americans get the first grab at it and the first opportunity and that's...
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Jan 28, 2013
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the obama administration passed the tax package. on "meet the press" in the spring of 2009, geithner said the government couldn't afford to wait. >> we can leave it as it is, hope banks will earn their way out of this process over time and i am certain that would create the risk of a deeper, longer recession. again, the classic lesson in financial crises is governments wait to act, they wait too late and that means more damage to the economy, higher deficit in the future, greater cost for the taxpayer. we're not prepared to take that approach. >> it seemed like each time one crisis subsided, another cropped up, a faltering housing market, the european debt market. according to the numbers, the results have been mixed. the economy was losing an average of 651,000 jobs in the three months before geithner was sworn in. in the last three months in his, the economy added an average of 150,000 jobs. the dow has gone from 8,000 has gone now to almost 14,000. the number of unemployed has gone from 11.6 million to 12.2 million. geithner told
the obama administration passed the tax package. on "meet the press" in the spring of 2009, geithner said the government couldn't afford to wait. >> we can leave it as it is, hope banks will earn their way out of this process over time and i am certain that would create the risk of a deeper, longer recession. again, the classic lesson in financial crises is governments wait to act, they wait too late and that means more damage to the economy, higher deficit in the future,...
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Jan 31, 2013
01/13
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> massachusetts governor duvall patrick has named a place holder to fill the senate seat of john terry. he'd be the second african-american in the senate. tim scott of south carolina, another appointee is the other. it's the first time in history that two african-americans have served in the senate at the same time. in selecting cowan, governor patrick passed over former congressman barney frank who openly lobbied for the job. cowan will serve until april 30th when massachusetts voters will choose someone to fill out the remainder of kerry's term. we'll be right back. stand. our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with ou
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> massachusetts governor duvall patrick has named a place holder to fill the senate seat of john terry. he'd be the second african-american in the senate. tim scott of south carolina, another appointee is the other. it's the first time in history that two african-americans have served in the senate at the same...
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Jan 30, 2013
01/13
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i know in loss wages, we are losing certain revenue that comes into the tax system. quite frankly, the president does need to look at the fact that congress is going to shake the bill. the elected legislature or house of representatives in a congress to lead us in that exercise with the american people, and that's what we have to get to. you know, lou, i think the president did make a good speech, yet again, but speeches are not actions. actions need to -- lou: you said it was a good speech. i just said to the audience that he said nothing of substance, offered no proposal, no plan. in fact, it was a 20 #-minute, frankly, of wasted time when it comes to policy initiatives. how do you say it's a good speech? >> well, we're getting the dialogue started, i think, and you just can't sit back and do nothing. lou: we give one another credit for just talking rather than actually doing something. >> well, here's what i would like to see him do -- lou: how generous are you? >> not as generous, but interjecting himself at this point where they had the proposed legislation, pre
i know in loss wages, we are losing certain revenue that comes into the tax system. quite frankly, the president does need to look at the fact that congress is going to shake the bill. the elected legislature or house of representatives in a congress to lead us in that exercise with the american people, and that's what we have to get to. you know, lou, i think the president did make a good speech, yet again, but speeches are not actions. actions need to -- lou: you said it was a good speech. i...
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Jan 31, 2013
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income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth qu
income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug...
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Jan 30, 2013
01/13
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. with fancy feast mornings want. gourmet cat food. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then.
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no...
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Jan 29, 2013
01/13
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workers pay some form of federal taxes. let's gather around the water cooler with movie news. many are wondering who would play hillary clinton best in a bio. some of the top contenders a bit of a surprise. 6% of kristen dunst. she played marie an two net. mirren. 8% like susan sarandon. 18% glenn close could portray the many sides of the first lady. an overwhelming 40% believe meryl streep. a little anti-climatic, don't you think? what do you think, mike? any other names? >> i'm not going get myself in trouble. >> when would this stop you? nbc "nightly news" anchor, brian williams stopped by "late night with jimmy fallon" they broke down details of the fight in slow jam the news. >> the obama administration finds itself locking horns with republicans over the issue of raising the debt ceiling, the amount of money the nation is legally allowed to borrow. ♪ oh, yeah, when it comes to raising the debt ceiling ♪ ♪ the president is having a hard time getting enough ♪ ♪ seems the gop ain't rubbing him the right way ♪ ♪ especially with the country's $16.4 trillion in d
workers pay some form of federal taxes. let's gather around the water cooler with movie news. many are wondering who would play hillary clinton best in a bio. some of the top contenders a bit of a surprise. 6% of kristen dunst. she played marie an two net. mirren. 8% like susan sarandon. 18% glenn close could portray the many sides of the first lady. an overwhelming 40% believe meryl streep. a little anti-climatic, don't you think? what do you think, mike? any other names? >> i'm not...
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Jan 31, 2013
01/13
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a year and a half ago, they created a deadline about raising taxes. we knew taxes were going up. they waited a year and a half and burning the midnight oil. >> it was all theater. >> and then they sit back and do nothing. all because the president, the senate and house don't do their job on time and when they get to the end of the deadline, they create new deadlines? >> they try to use the drama and theater and force something through that otherwise couldn't pass. we have temporary tax policies, temporary -- unknown regulations that are coming out at a faster rate. i was in small business for over 15 years. i don't know how anyone can operate in 24 environment. i have had businesses show me two plans. taxes went up which they did, they were going to cut back on 25 people. this was 150-person firm. it's common sense, we don't have to guess was at what is happening. it's not republican obstruction. the fact is, it's the policies that the president has put in place is making it more and more difficult for businesses to succeed. >> it's disheartening because people are parking money,
a year and a half ago, they created a deadline about raising taxes. we knew taxes were going up. they waited a year and a half and burning the midnight oil. >> it was all theater. >> and then they sit back and do nothing. all because the president, the senate and house don't do their job on time and when they get to the end of the deadline, they create new deadlines? >> they try to use the drama and theater and force something through that otherwise couldn't pass. we have...
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Jan 29, 2013
01/13
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passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local store called fresh market has a weekly special, gallons of milk for $2.99 each and every tuesday. not anymore. the state is worried such deals to drive competitors out of business. isn't that what free-market are about? if they want to compete, lower prices. if not, what consumers walk up the door. that's my "2 cents more." it's obvious. coming in tomorrow, president obama's says deficit reduction is not a goal unto itself. shouldn't it be? of every action. that's it for tonight on "the willis report." thank you for joining us. have a great night, and we will see right back here to
passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local...
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Jan 29, 2013
01/13
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a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal immigration system in to the 21st century because it no longer reflects the realities of our time. for example, if you're a citizen, you shouldn't have to wait years before your family is able to join you in america. you shouldn't have to wait years. if you're a foreign student who wants to pursue a career in science or technology, or a foreign entrepreneur who wants to start a business with a backing of american investors, we should help you do that here because if you succeed you'll create american businesses and american jobs. you'll help us grow our economy. you'll help us strengthen our middle cla
a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal...